Le Travenues Technology, the parent of the Ixigo travel platform, saw its share price climb up to 15.2% intraday, closing around ₹204–₹206 on July 17, 2025—reaching a 52-week high—following the release of impressive Q1 FY26 financial results
Financial Highlights: Demand Fuels Robust Growth
- Revenue rose a remarkable 73% year-on-year, from ~₹182 crore to ₹314.4 crore .
- Net profit surged 27% YoY, reaching ₹19 crore
- Gross Transaction Value (GTV) grew 55%, driven by flight & bus bookings (+81%) and train segment (+30%)
- EBITDA soared 69% YoY to ₹32.5 crore, while adjusted EBITDA increased 54% to ₹31.4 crore
What Drove the Market Mania?
- AI-driven efficiencies enhanced personalization, cross-sell/up-sell initiatives, and creative tools like AI-generated video campaigns
- Rising adoption by Gen Z & solo female travellers, with triple-digit YoY growth in key demographics
- Strong retail sentiment and technicals: stock trading above key moving averages with bullish momentum
Analyst Outlook & Strategic Position
- Growth momentum: Record quarterly results across revenue, EBITDA, and GTV indicate a scalable model
- Margin watch: Slight compression in EBITDA margin (from 9.1% to ~8.1%) noted—analysts flagged this as a potential short-term concern .
- Valuation case: JM Financial projects 26% GTV CAGR through FY27, positioning Ixigo as a top-tier OTA deserving premium valuation mint
✅ Conclusion
Ixigo’s nearly 15% surge to a 52-week high underscores investor confidence in its aggressive Q1 growth—highlighted by strong revenue, profit, and AI-powered operational gains. While margin trends warrant monitoring, the momentum and strategic positioning suggest a strong runway ahead.
